
San Rafael, CA 94901
This Rare Waterfront Duplex is a Strong Value Opportunity, listed at $2,750,000—positioned well below the $2,938,402 Fair Market Value by 6%. This valuation gap provides $188,402 in Instant Equity for the incoming buyer. Featuring a Condition Rating of 3, the property offers two updated 3-bedroom units with luxury vinyl plank flooring and private boat docks overlooking Mount Tamalpais. With 4,720 square feet of living space, it perfectly balances high-end lifestyle perks with significant rental upside. This is an ideal acquisition for Owner-Occupants looking to offset their mortgage or Buy-and-Hold Investors seeking a premium Marin County asset.
Property is move-in ready.
Built in 1974 but well-maintained with clear evidence of updates. Features refreshed kitchens with stainless steel appliances, luxury vinyl plank flooring, and modern interior paint. The property is move-in ready and functional for an income property or multi-generational living.
The property features private boat docks and direct water access with iconic views of Mt. Tamalpais, offering a rare and highly desirable Marin County living experience.
As a large duplex with two 3-bedroom, 3-bathroom units, this property provides excellent flexibility for multi-generational living, owner-occupancy with rental offset, or a pure investment play.
With 4,720 total square feet, the units offer generous interior proportions and mirrored layouts that provide the space and privacy typically associated with single-family homes.
Direct waterfront exposure and the upkeep of private boat docks often entail higher maintenance requirements and specialized insurance considerations compared to inland properties.
Constructed in 1974, the property may require updates to major systems or further cosmetic renovations in the less-refreshed unit to meet modern luxury standards.
Tucked along a peaceful stretch of water in San Rafael, this rare waterfront duplex at 22 Mooring Road offers the kind of lifestyle people move to Marin for: calm mornings, Mt. Tam views, and the occasional otter show right outside your window. Each of the two townhouses features 3 bedrooms and 3 bathrooms, giving both homes generous space to live, work, host, and relax. Whether you're looking for an income property, a multi-generational setup, or a place where one unit helps offset the mortgage while you enjoy the other, this property offers flexibility without compromise. But the real magic happens outside. Step out to the private boat docks, where the water becomes part of everyday life. Launch a kayak, take the boat out for an evening cruise, or simply sit with a glass of wine while the tide rolls in. Otters, seals, and other sea life are frequent visitors, and the views stretch across the water toward majestic Mount Tamalpaisa daily reminder that you're living somewhere magical. This is Marin living: water, wildlife, mountain views, and the kind of peaceful atmosphere that makes you slow down and breathe a little deeper. Two homes. One incredible waterfront setting. Endless possibilities. Photo & Floor Plan Note: Images and floor plan shown are for Unit 22A. The second residence (Unit 22) features a mirrored layout and has been updated with luxury vinyl plank flooring and a refreshed kitchen.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 80% |
| Baths | 6.0 | 2.0 | 80% |
| Square foot | 4,720 | 1,842 | 80% |
| Lot Size | 7,000 | 7,200 | 20% |
| Price | $2.75M | $1.09M | 80% |
| Price per sq ft | $583 | $583 | 50% |
| Built year | 1974 | 1924 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 269 | 20% |
Apr 17, 2026
$2,750,000
Initial Listing
Oct 18, 2016
$2,400,000
Public Record
Jul 28, 2015
$700,000
Public Record
Mar 10, 2014
$600,000
Public Record